Bank of America Securities Remains Bullish on ServiceNow (NOW)

Group 1 - ServiceNow, Inc. (NYSE:NOW) is considered one of the best long-term low volatility stocks to buy, with a price target of $1,200 reiterated by Bank of America Securities analyst Bradley Sills [1] - The core IT service management and operations categories of ServiceNow are experiencing stable to improving demand, supported by solid upgrades and a healthy pipeline of pilot deals [2] - There is a rising adoption of ServiceNow's HR solutions among enterprises, which are increasingly relying on it as a strategic interface, along with strong deal activity in the Federal sector [2] Group 2 - Favorable currency conditions are expected to support slight upside in Q3's current remaining performance obligations growth [3] - ServiceNow offers an AI platform for business transformation, enhancing productivity and maximizing business outcomes through its Now Platform, which provides end-to-end workflow automation as a cloud-based solution embedded with AI and ML [3]